Eutelsat Group has entered into an settlement with the Swedish funding fund EQT (EQT Infrastructure VI fund) to carve out its passive floor infrastructure property, forming a brand new standalone firm. Underneath the deal, EQT will personal 80 % of the brand new entity, whereas Eutelsat retains a 20 % stake and can stay a long-term accomplice. The brand new entity would be the world’s largest pure-play, operator-neutral floor station-as-a-service firm, Eutelsat mentioned in a current assertion.
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Eutelsat and EQT’s Strategic Settlement
The passive property of Eutelsat Group concerned within the transaction embody land, buildings, assist infrastructure, antennas, and connectivity circuits for the mixed portfolio of teleports and SNPs.
Future Plans and Advantages for Eutelsat
Underneath the deal, the enterprise has an enterprise worth of EUR 790 million. Upon completion of the transaction, Eutelsat will enter right into a long-term framework grasp service settlement (MSA) protecting providers to be rendered by the brand new firm to Eutelsat Group. This transfer permits Eutelsat to deal with its next-generation satellite tv for pc fleet by shifting future upkeep capex to the brand new entity.
Commenting on the deal, Eutelsat Group mentioned, “We’re proud to grow to be the primary satellite tv for pc operator to embark on this revolutionary transaction, which can enable us to construct on the mannequin adopted in different industries and optimise the worth of our in depth floor community. In EQT, we’ve got discovered a accomplice of the best high quality who shares our imaginative and prescient. This transaction represents a win-win scenario for all events and can allow Eutelsat to strengthen its monetary profile whereas persevering with to depend on the unparalleled high quality and reliability of its floor infrastructure.”
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Engaging Digital Infrastructure
EQT added, “At EQT, we recognized satellite tv for pc floor stations as a gorgeous digital infrastructure vertical a number of years in the past. They play an necessary position in making certain international connectivity, particularly for these not lined by mounted and cell connectivity options, and require deep international experience in creating and working telecommunications infrastructure companies.”
Eutelsat mentioned the transaction is topic to regulatory approvals and is anticipated to shut in Q1 2026.
